Andrew Bailey
-
UK Business
Bank of England to announce 3.75% base rate decision
Inflation held steady at 2.8% in the 12 months to May, undershooting the expectations of many economists who had forecast…
Read More » -
World News
Criminals used AI to advertise bogus schemes, pocketing over £200 million in investment scams
British consumers and businesses handed over nearly £1.3 billion to fraudsters in 2025, a 4% increase on the previous year,…
Read More » -
UK Business
UK interest rates affected by US-Iran peace deal
An emerging framework for peace between the United States and Iran has handed the Bank of England a clear opportunity…
Read More » -
UK Business
Chip shares rally on Wall Street and in South Korea as UK probes Paramount-Warner Bros merger
US home sales accelerated to their fastest pace this year in May, rising 3.2% month-on-month to an annualised rate of…
Read More » -
UK Business
Alphabet raises $80bn as AI threatens to push up UK youth unemployment
Alphabet, the parent company of Google, has announced plans to raise up to $80bn in equity to fund its vast…
Read More » -
UK Business
Economic uncertainty pits defensive shares against cyclical stocks
Cyclical stocks have been outperforming their defensive counterparts in European and US markets this year, defying the widespread economic disruption…
Read More » -
UK Business
Drop in oil as optimism grows over Trump’s peace deal support
The FTSE 100 ended the week on a subdued note, slipping 16.68 points, or 0.2%, to close at 10,409.28 on…
Read More » -
World News
Nvidia tops Wall Street expectations as AI chip boom lifts Asian tech shares
Nvidia’s latest record-breaking earnings have injected a fresh wave of artificial intelligence optimism into global markets, with Asian stock exchanges…
Read More » -
UK Business
Bank of England chief lends support to Rachel Reeves’s EU partnership drive
Bank of England Governor Andrew Bailey has thrown his weight behind Chancellor Rachel Reeves’s push to deepen trade ties with…
Read More » -
UK Business
Top economist urges Bank of England to hike rates and tackle inflation
Hopes for an imminent cut in borrowing costs have been dealt a severe blow, with a stark warning that interest…
Read More »